Jm Educational Group
- Assets
- $2.2m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 20
- Location
- Ventura, CA
- Founding
- 10/1992
- Data as of
- 12/2022
- EIN
- 54-1607202
Organization Overview
Jm Educational Group is located in Ventura, CA. The organization was established in 1992. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2022, Jm Educational Group employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jm Educational Group is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Jm Educational Group generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 33.0% each year . All expenses for the organization totaled $1.9m during the year ending 12/2022. While expenses have increased by 36.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TEACHER DEVELOPMENT, TRAINING, SEMINARS, CURRICULAR MATERIALS FOR CATHOLIC SCHOOLS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEACHER DEVELOPMENT, TRAINING, SEMINARS, CURRICULAR MATERIALS FOR CATHOLIC SCHOOLS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Van Hecke President | OfficerTrustee | 40 | $113,838 |
Matthew S Summers Vice President | 40 | $100,767 | |
Elisabeth Sullivan Executive Dir. | OfficerTrustee | 40 | $80,000 |
Andrew Seeley Vice President | Trustee | 0 | $0 |
Luke Macik Secretary | Trustee | 0 | $0 |
David Stiennon Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $332,598 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $332,598 |
| Total Program Service Revenue | $1,186,336 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $577,927 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,331,092 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $193,838 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $787,364 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $33,704 |
| Payroll taxes | $87,364 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,797 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,374 |
| Advertising and promotion | $13,693 |
| Office expenses | $11,308 |
| Information technology | $55,677 |
| Royalties | $2,466 |
| Occupancy | $8,250 |
| Travel | $146,934 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $32,421 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,549 |
| Insurance | $1,432 |
| All other expenses | $59,937 |
| Total functional expenses | $1,862,864 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $696,645 |
| Savings and temporary cash investments | $744,868 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $290,924 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $193,794 |
| Prepaid expenses and deferred charges | $1,000 |
| Net Land, buildings, and equipment | $166 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $54,978 |
| Other assets | $239,642 |
| Total assets | $2,222,017 |
| Accounts payable and accrued expenses | $79,322 |
| Grants payable | $283,671 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $362,993 |
| Net assets without donor restrictions | $1,859,024 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,222,017 |